Wetherspoons puts Northampton town centre pub up for sale

Nick Spoors

A pub in Northampton town centre is to be sold off, the brewery that owns it has announced.

Wetherspoons is to sell the Moon on the Square, in the Market Square, as well as 19 other pubs across the country.

The company said there was no stipulation that the building would have to remain a pub.

Eddie Gershon, a Wetherspoons spokesman, said: “We have taken a commercial decision to dispose of a small number of pubs.

“They will remain trading until they are sold.

“We will continue to open new premises in the coming months and years.

“Staff at the pubs will be offered jobs within our existing pubs, however, some might decide to remain with the new owners.”

The properties are being considered for sale either individually, in small packages or as a group, and are all located in English and Scottish town centres.

Paul Breen, senior director with CBRE’s, which is marketing the pubs, said: “It is extremely rare that a portfolio of this quality comes to the market with such a high concentration of outlets in affluent locations where opportunities are in scarce supply.

“As you would expect, the units are fitted to a high standard, significantly lowering the ingoing costs for any operator and we anticipate strong interest from a broad range of pub, bar and restaurant groups.”